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Fixed Deposit Account
The Fixed Deposit Account is designed for individuals looking to invest for a fixed term and earn competitive interest on the principal amount. The investment can be fixed for 30, 60, or 90 days.
Product Features
- Access to Electronic Channels?
- Interest bearing account
- No Debit cards
- May be linked to a personal operating account e.g. salary account or personal current account
- No account maintenance fees
- No transactional fees
- No cheque books
- Withdraw or rollover at maturity date
- Penalty will apply for withdrawing before the end of a quarter
- Available in all major currencies (USD, GBP, ZAR and EURO)
Benefits
- Ideal for Individuals seeking to earn a competitive interest on excess cash
- Enjoy interest on this account
- FREE banking services